[W]ith an increasing military expenditure, how can we do the work of reform that remains to be done at home and at the same time bring relief to the … - Henry Campbell-Bannerman

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[W]ith an increasing military expenditure, how can we do the work of reform that remains to be done at home and at the same time bring relief to the taxpayers? Do not let us mind if in their folly they call us “Little Englanders.” (Cheers.) I at least am patriot enough not to desire to see the weakening of my country by such a waste of money as we have had for the last ten years. What has it brought us, this waste of money for ten years? Shall I recite some links in the dismal and ugly chain? Dear money. Lower credit. Less enterprise in business and manufactures. A reduced home demand. Therefore, reduced output to meet it. Therefore, reductions in wages, increase of pauperism, non-employment. (Cheers.) The fact is, Sir, you cannot pile up debt and taxation as they have been piled up without feeling the strain in every fibre of society. We are going to have a good deal said for the next few weeks about free trade. Let me add another thing. Did you ever hear a fiscal reformer pleading for economy, or crying out for lighter taxes and fewer of them? No, Sir, if peace and retrenchment were the order of the day, Othello's occupation would be gone. (Cheers.)

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About Henry Campbell-Bannerman

Sir Henry Campbell-Bannerman GCB (September 7, 1836 – April 22, 1908) was a British Liberal statesman who served as Prime Minister from December 5, 1905 until resigning due to ill health on April 3, 1908. No previous First Lord of the Treasury had been officially called "Prime Minister"; this term only came into official usage after he took office. In the 1906 general election he led the Liberal Party to their biggest ever majority.

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Alternative Names: Sir Henry Campbell-Bannerman
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Additional quotes by Henry Campbell-Bannerman

I rise to move, "That, in order to give effect to the will of the people as expressed by their elected representatives, it is necessary that the power of the other House to alter or reject Bills passed by this House should be so restricted by law as to secure that within the limits of a single Parliament the final decision of the Commons shall prevail."

I am well aware—no one is better aware—that I am poorly equipped for the duties of that position in comparison with some distinguished men who have gone before me; but there is one thing in which I will yield to none of them—namely, in my devotion to the Liberal party and my faithful adherence to Liberal principles.

I would plainly say that most men who have looked all round this question must have seen that, as a matter of course, the two belligerent states—the two conquered states—must in some form or other become states of the British Empire. We must recognise accomplished facts, we must accept the inevitable results of the war, we must do whatever it may be which will most conduce to the permanent tranquillity and security of South Africa, and we must set before us as our chief aim, after the security of the Imperial power, the conciliation and harmonious co-operation of the two European races in South Africa. Now, how is this to be done? Is that a question which I need ask any meeting of Liberals? We need have no doubt how it is to be done—by applying our Liberal principles, the Liberal principles from which the strength of the Empire has been derived and on which it depends. Let us apply our Liberal principles... Let us restore as early as possible and let us maintain those rights of self-government which give not only life and vigour but contentment and loyalty to every colony which enjoys them.

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